Rail and rail transport: New Zealand’s New Zealand Railways will run a $2 billion project by 2020

Rail and rail transport: New Zealand’s New Zealand Railways will run a $2 billion project by 2020

The Government has announced the New Zealand Railway will invest $2.2 billion over the next five years to upgrade its fleet of passenger trains, a move that will see the nation’s railway be among the busiest in the world.Key points:The Government says it wants the New England-based railways to be among its top international competitors…

Which country has the best rail system?

Which country has the best rail system?

Railway transportation costs have been in the headlines recently after an Australian government report revealed that the average train travel time was more than three times longer than in the United States.But it was the cost of freight railroads that caught our eye.The average train ride cost an average of $12,000, with an average daily…

How to get to Canada from the US for cheap on the railroads

How to get to Canada from the US for cheap on the railroads

Transporting goods and people across Canada on the Canadian high-speed railway has become the norm for thousands of families, with companies like RailLink and Bombardier offering low-cost travel.Here’s what you need to know.Key points: Canada’s railways have a long history of service to rural communities, but the government is building a $1.6-billion network of high-frequency…

Blockchain technology is transforming the rail transport sector

Blockchain technology is transforming the rail transport sector

A railway transportation sustainability initiative launched in India will use blockchain technology to automate and streamline rail transport operations.Rajkumar Das, CEO and co-founder of the Railway Transportation Sustainable Initiatives (RTSI) told CoinDesk: “This project is a proof of concept of what we have seen and will be trying to replicate for our projects across the…